The global fiber laser market is forecast to generate a revenue of close to $3 billion by 2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growth of the 3D printing market. The increasing interest in 3D printing is a trend that defines the global fiber laser market. The use of 3D printing has grown phenomenally across several industries such as aerospace and defense, consumer electronics, healthcare, and several others.
According to the report, one driver in the market is increasing demand for high-powered fiber lasers. The increasing demand for high-powered pulse lasers will drive market growth during the forecast period. There has been a shift to high-powered lasers due to the growing number of applications that fiber lasers can be used for.
Further, the report states that one challenge in the market is dependence on limited suppliers. Fiber laser manufacturers rely on third-party vendors for the supply of components integrated into laser systems. Some of the hardware components include mirrors, lenses, tubes, and several others.
- IPG Photonics
- Wuhan Raycus Fiber Laser Technologies
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/mfpvwk/global_fiber?w=4